Sale of investment goods business to the CERTINA group completed.

Ad hoc announcement pursuant to Art. 53 LR

The closing of the purchase agreement signed on May 12, 2023 was implemented on June 7, 2023. This strategic decision allows Feintool to concentrate on its core business of series parts production. The entrepreneurial orientation of the new owner CERTINA creates best conditions for the capital goods business to further expand its leading position.

With the divest of the capital goods business, the Feintool Group has positioned itself as a pure player in the business area of high volume parts production manufactured by the technological processes of fineblanking, forming, and electrolamination stamping. This comprises a portfolio of state-of-the-art tooling solutions across the entire process chain through to innovative product solutions for electric motors.

Feintool and the CERTINA GROUP are pursuing close technological cooperation, particularly in the area of hydrogen technologies. Feintool therefore retains a strategic minority interest of 15 % in Feintool Technologie AG.

For Feintool Technologie AG, as a new member of the CERTINA GROUP, active management commitment, in-depth industry knowledge and an established network ensure long-term growth potential.

Feintool is an internationally active market leader in the technologies of fineblanking, forming and sheet metal stamping for processing steel sheets.

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